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Wednesday, March 1, 2017

Spiders (SPY) Put Options

Thu. 2/23/2017 (10:35:44 am, PT)

sell short -10 March 17, 2017  $230 puts at $0.85

probability of success:  79%


Wed. 3/1/2017 (11:05:11 am, PT)

buy back puts at $0.30

PROFIT:  $550

SUCCESS!

Comment: President Donald Trump gave speech to Congress the previous evening



SPX Index Put Options

Fri. 2/24/2017 (9:59:18 am, PT)

sell short -1 April 7, 2017  2260 put at $9.80

Comments:
  • probability of success: 82.30%
  • credit received:  $980


Wed. 3/1/2017 (9:04:14 am, PT)

buy back put at $5.40

PROFIT:  $440


SUCCESS!

Comments:
  • President Donald Trump gave speech to Congress the previous evening



SPX Index Put Options

Thu. 2/23/2017 (12:57:08 pm, PT)  FP

sell short -1 April 7, 2017  2260 put at $9.80

Comments:
  • credit received:  $980
  • probability of success:  82%

Wed. 3/1/2017 (8:06:23 am, PT)

buy back put at $5.80

PROFIT:  $400

Comment:
  • President Donald Trump gave his speech to Congress the previous evening

SUCCESS!


Spiders (SPY) Put Options

Wed. 2/22/2017 (1:06:20 pm, PT) RD

sell short -10 March 31, 2017  $228 puts at $1.03

Comments:
  • probability of success:  80%
  • FOMC minutes released at 11 am, 2/22/2017

Wed. 3/1/2017 (7:51:35 am, PT)

buy back puts at $0.59

Comments:
  • President Donald Trump gave speech to Congress the previous night

PROFIT:  $440

SUCCESS!




Spiders (SPY) Put Options

Wed. 2/22/2017 (11:18:29 am, PT)

sell short -10 March 10, 2017  $233.50 puts at $0.84

probability of success:  71%


Wed. 3/1/2017 (6:30:09 am, PT)

buy back puts at $0.26

PROFIT:  $580

SUCCESS!

Comment:  President Donald Trump gave speech to Congress the previous evening